Printer Friendly

FORTUNE BANCORP ELECTS THREE DIRECTORS AND CHANGES NAME

 FORTUNE BANCORP ELECTS THREE DIRECTORS AND CHANGES NAME
 CLEARWATER, Fla., Jan. 16 /PRNewswire/ -- Shareholders of Fortune Financial Group, Inc. (NASDAQ: FORF) elected three directors at the company's annual meeting here today. In addition, they approved a change of name of the company to "Fortune Bancorp," and ratified selection of KPMG Peat Marwick as the company's independent auditors.
 Directors elected for three-year terms were: H. Richard Carter, M.D., Rausey W. Mason, and Roy J. McCraw Jr.
 At a board meeting today, directors also declared a regular quarterly dividend for the quarter ended Dec. 31, 1991 of $.075 cents per share, payable Feb. 28, 1992 to stockholders of record Feb. 7, 1992.
 Fortune Bancorp is the holding company for Fortune Bank, which has $2.7 billion in assets and operates 47 branches on the west coast of Florida. Fortune Bancorp has 5.4 million common shares outstanding.
 -0- 1/16/92
 /CONTACT: Nancy Kaylor of Fortune Bancorp, 813-538-1114/
 (FORF) CO: Fortune Bancorp ST: Florida IN: FIN SU: PER DIV


JJ-AW -- FL007 -- 0658 01/16/92 15:46 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 16, 1992
Words:177
Previous Article:CORPORATE ASSET FUNDING COMPANY COMMERCIAL PAPER 'F-1+', MEDIUM TERM NOTES RATED 'AAA' BY FITCH -- FITCH FINANCIAL WIRE --
Next Article:FORTUNE BANCORP REPORTS FIRST QUARTER EARNINGS
Topics:


Related Articles
FIRST NATIONAL BANCORP ANNOUNCES MANAGEMENT SUCCESSION
BALTIMORE BANCORP TELLS STOCKHOLDERS TO LOOK FOR CONTINUED PROFITABILITY
FORTUNE BANCORP ELECTS LLEWELLYN JENKINS AS DIRECTOR
SC BANCORP ELECTS NEW LEADERSHIP
NBD ADDS TWO DIRECTORS, ELECTS EXECUTIVE OFFICERS
FORTUNE BANCORP HOLDS ANNUAL MEETING AND DECLARED DIVIDENDS
MERIDIAN SHAREHOLDERS ELECT CARPENTER TECHNOLOGY HEAD AND MERIDIAN CHIEF FINANCIAL OFFICER AS NEW DIRECTORS
BOARD ELECTED AND PROPOSALS PASSED AT NBD ANNUAL MEETING
FIRST WESTERN ANNOUNCES NEW CHAIRMAN, CASH DIVIDEND, ANNUAL MEETING RESULTS
HOME PORT BANCORP, INC. ANNOUNCES ANNUAL MEETING RESULTS

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters